Insurance Underwriters Salary in South Dakota
SOC 13-2053 · South Dakota · BLS OEWS May 2024
The median salary for Insurance Underwriters in South Dakota is $83,366 per year ($40.08/hr). This is 4.4% higher than the national median of $79,872. The middle 50% earn between $60,050 and $110,386 annually. Top earners at the 90th percentile reach $176,946.
Wage Percentiles: South Dakota
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $27.77 | $57,762 | +11.8% |
| P25 | $28.87 | $60,050 | -4.8% |
| P50MEDIAN | $40.08 | $83,366 | +4.4% |
| P75 | $53.07 | $110,386 | +5.3% |
| P90 | $85.07 | $176,946 | +28.2% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median insurance underwriters salary in South Dakota?
The median (P50) annual salary for Insurance Underwriters in South Dakota is approximately $83,366, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 4.4% higher than the national median of $79,872.
What is the salary range for entry-level insurance underwriters in South Dakota?
Entry-level Insurance Underwriters (10th percentile) in South Dakota earn approximately $57,762 per year. The 25th percentile is $60,050. Top earners (90th percentile) reach $176,946.
How does South Dakota compare to the national average for insurance underwriters?
South Dakota pays 4.4% higher than the national average. The national P50 is $79,872 vs $83,366 in South Dakota. Based on BLS national data adjusted for regional cost factors.
Insurance Underwriters Salary by Location
Other Roles in South Dakota
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